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After removal of DC rate, how government will do the buying for their development projects ? Will they pay market price? It can hit all development projects as the cost will increase many fold.

From today paper Jang

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Property Tax Details

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Dear LRE-Brothers and other experts

How are you all?

Please evaluate near 8c/y/6.

This my fourth time to post this ad and no reply.

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For everyone to understand taxes can someone please roughly calculate the cost of selling 5 marla prism plot at around 35 lac with new government taxes.
Thanks in advance

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Please evaluate 5marla 3087 J prism?

DHA Peshawar

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Dear Friends Aoa ,
Its not that I am an agent of DHA Peshawar but I spoke to army friends and dealers there . The dealers are of the view that whatever taxes are imposed are to be borne by Purchaser and file price increases as per routine . They seemed less bothered by taxes .

Here in Lahore market is too much scared . Its not that simple FBR has no clear cut policy . Very soon there will be a writ in High Court and stay orders ..So no need to panic .AUR AGAR TAXES BHARTE HEIN TO LET THE WHOLE MARKET INCREASE ..I was in Norway some years ago and they have huge taxes still property market was booming . Chill

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Experts, please evaluate 512 Q, 1 kanal prism. Jameel Mughal shb, surfer, habib shb plz help me on this.
Thanks.

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Expert opinion needed from ch yaseen sb on the effect of tax on property,,, golden days of making money are gone ?????

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What is way ahead, dull market or prices increasing with same speed

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Jameel sb.,

Let's see price behaviour in next six months or so, what do you suggest sluggish market or price graph still moving up at 45 degrees !!!

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Jameel sb.,
By cyclical trend are you contemplating that prices in futuristic societies will recede after recent price surge during the last 6 months, or otherwise !!!

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Effects of heavy taxes due revised tax base prices:
1. Price increase will be checked immediately.
2. Expatriates returning to Pakistan on eid holidays will be tentative in investing money in property due to heavy tax structure and its detrimental effects
3. Prices will see downside in next 3 to 6 months, then after wards a decline of 10 to 20 % prices will consolidate at those levels
4. This event of increase in taxes will act as measure of price correction which will provide a launching pad for next price surge in medium term
5. In long term strong properties will gain as resilient fundamental based genuine investment will be attracted at anticipated discounted prices consequent to short term decrease
6. As a by-product this tax increase and declaration of white money based property transactions will expel black money out of reaL estate to a substantial extent hence eliminating the fear of any bubble creation and its subsequent explosion

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Please suggest safe strategy with Rs. 4 mill budget aafter imposition of heavy taxes w.e.f .

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Please suggest safe property investment avenues with budget of Rs. 4 million, specially after imposition of higher taxes w.e.f July 01, 2016.

Plot Investment Advice

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Dear Members,

I am an overseas Pakistani with budget of Rs.150 Lacs kindly advise of good investment opportunities in DHA (Possession).

Thanks,

Ali

Sale of plot

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Dear, I want to sell my plot# DHA Phase 5 Plot # 526 L. Kindly guide me about current market price. Thanks

Geo News TV report on Property Tax

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Geo TV presented more than 15 minutes report specially on this topic.

Key points were...

DC values will be no more used

SBP and FBR referenced bodies will evaluate the value of property at time of sale purchase.

If the person shows wrong value, then he will have to give additional 100 percent penalty on top of tax. Moreover 2 year jail term can also be given for this violation according to new law.

If there is deal going on worth 10 million then it will go in Govt documents as 10 million. So buyer will also have to show that 10 million white money. If he fails to do so this could also mean trouble. Similarly it will also be added to FBR record that seller has earned 10 million. FBR can also use all this record for future taxation purpose of buyer and seller.

For Sale @ UPN, and Buying Requirements

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<=== Latest UPN Inventory: 29 June, 2016

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For Buying/Selling in Bahria Town, Please Contact:

Rana Adnan Mudassar
Bilal Shamim
Waqas Naseer
Muhammad Roshan
M. Saleem Ch.

Shahid Yousuf
Iftikhar Ahmad
Mian Zeeshan Rasool
M. Imran Ch.
M. Nabeel

Best Regards,
Universal Property Network
(affiliated with Lahore Real Estate)
https://www.lahorerealesate.com
https://www.lahorerealesate.com/Ads
22 A, Main Boulevard Commercial
(In Front Of Roshaan Center, Near Green Pharmacy)
Sector C, Bahria Town, Lahore

+ (Whatsapp Text)
email:
http://www.ourupn.com

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Dear CMY, Jameel, Arif, Habib Sab & other Experts,

Please guide me for investment, My budget is 42 lac.

I am confuse between DHA MULTAN 1 Canal File and Prism 5 Marla.

I need to invest for Short& long term.
Where i can easily sell anytime without loss.

What will be the price for both after 1 Years.
What will be the price for both after 2 Years.

Which one is more gainer

Appreciate your suggestions.

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Unable to reply to posts, always get error.